Fr. 168 $100 1869 Legal Tender PMG Very Fine 25.. ...

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Attractive Midgrade $100 Rainbow Legal Tender

Fr. 168 $100 1869 Legal Tender PMG Very Fine 25.
The Series 1869 "Rainbow" Legal Tender notes were produced in denominations from $1 through $1,000. The higher denominations are prohibitively scarce, with the $500 and $1,000 each represented by a lone survivor. Fewer than 30 survivors of the $100 denomination are enumerated in the census, with a third of the recorded pieces either previously unoffered or locked up in institutional collections belonging to the American Numismatic Association, Federal Reserve, or Smithsonian. This offering made its last public appearance in our September 1999 auction and has been held privately since that time. It is a well margined and evenly circulated example with excellent color along with a sizable swath of blue end seen at right. PMG has noted some minor repairs but they are definitely not apparent through the holder. This is the first example of this rare Friedberg number that we have been able to offer since we sold a comment-free PCGS Very Fine 30 note for $99,875 in 2015.
From the Dr. Paul Balter Collection

View all of [The Dr. Paul Balter Collection ]